Fastest-Growing Sectors for Job Seekers and Staffing Franchises

If you’ve spent any time investing the business behind the staffing
franchises you’ve been considering, you know that the demand for
temporary staffing has never been higher. The explosive evolution of the
temporary staffing industry since the 1970s has been the subject of multiple
empirical studies, with several distinct benefits being associated with
this style of employment for both sides of the hiring equation (Peck &
Theodore, 2007; Peck et al, 2005).

Indeed,
temporary staffing is a globalizing industry with persistent demand in almost any market. Though temporary staffing
has a long history in the US and UK, it has recently seen tremendous growth.
Peck et al (2005) estimated that the temporary staffing market is worth
more than $160-billion, and it has only continued to increase in value
in the decade since.

Various theories have been put forth to explain the unprecedented growth
in demand for temporary staffing services. Most experts agree that the
development of temporary staffing demand is closely intertwined with the
broader restructuring of the American economy, but no clear consensus
has been formed (Peck et al, 2005).

Ultimately, the result is more important than the reasons behind it; staffing
franchise owners don’t need to understand the history of the industry’s
development, so long as they can capitalize on what’s happening
now! In order to do that, you need to know exactly which sectors are leading
the charge in growth. In today’s post, we share empirical findings
about the fastest-growing sectors that job-seekers and staffing franchises
should focus on.

Healthcare Workers – Especially in the Senior Care Sector

The home health service industry is projected to add over 750,000 jobs
between 2014 and 2024, which nearly doubles the tracked performance of
any other sector. It’s not hard to see why this trend is underway;
everybody ages, and the Baby Boomer generation is settling into their
post-65 retirement years. Furthermore, most people polled indicated that
they wanted to “age in place” in their own homes, which has
shifted the market’s growth away from hospital workers and towards
mobile caregivers. According to census data, the number of American seniors
over the age of 65 will reach 83.7 million by 2050 – that’s
a huge market to tap into!

Staffing franchises looking to develop in this direction should understand
that the key to in-home senior care success is trust. For staffing franchises
assigning temporary workers, this usually means investing in polished
background check protocols. Your client employers will need assurance
about the staffing you send, especially considering how vulnerable the
senior population is to theft, embezzlement, and forms of abuse.

Healthcare Administrative Professionals

Though the senior care world is booming, it’s a good time for the
healthcare sector in general. There will be particular need for administrative
staff in the offices of dentists and physicians. Doctor’s offices
alone are projected to create more than half a million jobs between 2014 and 2024.

As is the case with senior care staffing, staffing franchises will need
to deploy background checking protocol to assure doctors that their employees
can be trusted around prescription medications and sensitive information.